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Tip of the Day

Tip of the Day Pay All Credit Card Balances In Full Each Month

Pay All Credit Card Balances In Full Each Month - It is necessary to pay all credit card balances in full each month to prevent paying extremely high interest rates...

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Fund of Funds

Definition: This is a mutual fund or hedge fund that invests in other funds rather than in individual securities.

Advice: Fund of funds are thought to be attractive because they offer greater diversification and can select the best mutual funds to invest in.

However, it's important to realize that you may be paying twice as much in expenses (the individual mutual funds and the fund of funds both likely charge fees).

 

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Definition of the Day Corporate Governance Explained

Definition: Corporate governance refers to how well a company's management and board are looking out for shareholders' interests.Advice: As shareholders, investors' should be assured that management and the board are doing the right thing for them.  Companies that do a good job of looking out for shareholders' interests are said...

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